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Market News
October 20, 2021
Banks’ Overdraft Fees Rise for Third Straight Year to a Record
Overdraft fees rose to a record this year, even as many of the biggest U.S. banks take steps to wean themselves off the increasingly contentious...
October 20, 2021
VW CEO in ‘Regular’ Talks for Partners to Catch Up in Tech-Race
Volkswagen AG is ready to team up with peers and technology firms to boost the scale, speed and savings on software development where the likes of...
October 20, 2021
Puerto Rico House Passes Bond Bill to Restructure Debt
Puerto Rico’s House of Representatives approved a bill late Tuesday that allows the commonwealth to issue new bonds to replace existing debt and...
October 20, 2021
Alibaba Goes From Worst to Best on Hong Kong’s Equity Benchmark
Alibaba Group Holding Ltd.’s beaten-down shares have risen from the worst to the best on Hong Kong’s stock benchmark, as investors turn...
October 20, 2021
Singapore’s Record Cases Spark Warning of Strain on Hospitals
Singapore warned that Covid-19 cases are dangerously straining the city-state’s health care system, even as strict rules designed to curb the...
October 20, 2021
New-Energy Cars to Come Under Tougher Safety Scrutiny in China
Electric cars and other new-energy vehicles will be subject to increased safety checks in China, amid driver concern over issues ranging from battery...
October 20, 2021
Argentina Freezes Prices on Over 1,400 Goods Ahead of Elections
Argentina’s government is freezing prices on 1,432 household items in an effort to cool accelerating inflation ahead of November’s midterm...
October 20, 2021
Facebook Plans to Rebrand Company With New Name, Verge Says
Facebook Inc., facing intense scrutiny over its business practices, is planning to rebrand the company with a new name that focuses on the metaverse,...
October 20, 2021
Chinese Developer Sinic Defaults Amid Evergrande Contagion
Sinic Holdings Group Co. became the latest Chinese real estate firm to default as investors wait to see whether China Evergrande Group Inc. will meet...
October 20, 2021